Manufacturer relocates, expands at new South Burlington facility

first_imgToday Governor Jim Douglas officially welcomed a former Connecticut company that makes banners and fabric displays to its new factory in Vermont, along with the good-paying jobs it is bringing. Project Graphics, founded in 1992, is a manufacturer of fabric displays whose national and international clients include towns and cities, educational institutions, shopping centers and developments, and promotions for the retail environment. Those displays include hanging banners, banner stands, backdrops, window or showroom displays, point-of-purchase displays, table coverings, holiday décor, interior and exterior installations and streetscape signage.In a ceremony at the company’s new facility in South Burlington, the governor welcomed officials from Project Graphics and applauded the company’s selection of Vermont for their re-location. “Project Graphics is a welcome addition to Vermont’s economy and our community,” Douglas said. “They have committed themselves to our state, and we are committed to helping them prosper and grow here.”“Vermont and South Burlington have been so supportive and welcoming,” said Andrew Riecker, founder and CEO of Project Graphics. “We looked for a location that offered a skilled talent pool and opportunities to grow, as well as incentives for job creation and workforce training. Vermont is clearly a great place for small and mid-sized businesses.”The Vermont Economic Progress Council recently gave final approval for job creation incentives totaling up to $230,414, and the Vermont Training Program is in the process of finalizing the details of a $30,000 contract to pay for training new workers for the company.Project Graphics had been considering Nashua, NH, and Portland, ME, in addition to Vermont. The company employs 18 fulltime workers and plans to hire more over several years.All of the company’s products are sourced, manufactured and assembled in the United States, and it has worked locally and with business partners to provide graphics for Church Street in Burlington and many of the streetlight banners along Vermont’s downtown main streets.  Project Graphics is also in the process of producing graphics for the Lake Champlain Quadricentennial celebration for Burlington City Arts, and has done work for the University of Vermont as well.The company will be hiring customer service representatives with knowledge of Adobe Illustrator and Corel Graphics; screen printers and printing assistants for large format presses; sewing machine operators; and entry-level facilitators for packing, inspection and finishing.Under reforms proposed and signed by Governor Douglas in 2006, the Vermont Employment Growth Incentives are authorized based on job creation and capital investments that must occur before the company earns the incentives and then the company receives incentive installments over a period of years.Project Graphics is eligible to earn a maximum of $230,414, in job creation incentives over several years if they meet and maintain payroll, employment and capital investment targets each year. The incentives would then be paid out over several years, if the jobs are maintained.The Vermont Economic Progress Council approved the application late last month after reviewing nine program guidelines and applying a rigorous cost-benefit analysis which showed that because of the economic activity that will be generated by this project, even after payment of the incentives the State will realize a positive net increase in tax revenues over five years.  The Council also determined that these projects would not occur or would occur in a significantly different and less desirable manner if not for the incentives being authorized.The Vermont Economic Progress Council is an independent board consisting of nine Vermont citizens appointed by the governor that considers applications to the state’s economic incentive programs.  The Council is attached to the Vermont Agency of Commerce and Community Development, whose mission is to help Vermonters improve their quality of life and build strong is external)Source: Governor’s Office. June 16, 2009last_img read more

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